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doug was senator john mccain's economic adviser during the 2008 presidential campaign. and paula, what does business want to hear? we heard an awful lot about bowles-simpson today, heard them talking about cnbc earlier. is that what business is looking for? >> business really wants to hear a plan that is built for the future. the economy is hurting right now and the very most important thing here is to stop the bleeding, continue the growth. it is really important to hear a vision for the future that includes fiscal responsibility, but also recognizes we're in this together. >> you know, doug, you think about a plan for the future, and what i have heard from just about everybody who endorses bowles-simpson it should not be taking place overnight, they would like to see something down the road. where do you think we start getting some traction with that and get both sides working together? >> i think the important thing tonight becky, is to first hear an appreciation of the business community. the past four years the business community has i think correctly felt that the
doug was senator john mccain's economic adviser during the 2008 presidential campaign. and paula, what does business want to hear? we heard an awful lot about bowles-simpson today, heard them talking about cnbc earlier. is that what business is looking for? >> business really wants to hear a plan that is built for the future. the economy is hurting right now and the very most important thing here is to stop the bleeding, continue the growth. it is really important to hear a vision for the...
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Oct 11, 2012
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now, i have heard smart guys like doug schohn and stan greenberg say for months and months that is not good. you got to try a new tack, but that's still what they are doing. do you think finish what they started is their message? is that a reason to re-elect barack obama? >> the last incumbent president re-elected during a somewhat challenging time george w. bush had had a motto the whole campaign, steady leadership in times of change. i do think that the american public can distinguish between a bad situation that has a lot of historical roots and what they are trying to do, and whether you're talking about detroit or you're talking about the jobs numbers or you're talking about signs of hope or talking about a stock market that is roaring back, that doesn't fix the problems. >> a ri -- >> just to finish larry's question, i agree with your point, by the way, that the real long-term unemployment numbers are worse and that hurts people out there, but i do think people can make that distinction. >> hang on, hang on. >> i've got to hop in here. >> independents moved by one point after the
now, i have heard smart guys like doug schohn and stan greenberg say for months and months that is not good. you got to try a new tack, but that's still what they are doing. do you think finish what they started is their message? is that a reason to re-elect barack obama? >> the last incumbent president re-elected during a somewhat challenging time george w. bush had had a motto the whole campaign, steady leadership in times of change. i do think that the american public can distinguish...
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and doug braunstein will address his own resignation forthcoming. a successor has yet to be named. that's what's on on tap for jpmorgan. we' send it back to you in london. >> let's get more from larry mcdonald. all the focus will be on jpmorgan. what do you think the market's expectation is here? >> the financials are dramatically outperforming. so a lot's been baked in the cake and you're right, the net interest margin side as well as the outlook for the fiscal cliff, those are the big negatives. and it's very telling that in the last 48 hour, you had jamie dimon and mr. blankfein very public about the impact of the fiscal cliff and i think that's what really holds all the cards. >> so think they're on a pr mission here to educate people or draw attention to this issue because they're worried about the impact it will have on their business. >> absolutely. they're brilliant men and it for jamie dimon to mention a war room and for mr. blankfein to host that event and articulating -- the convexity is phenomenal. if they were to work out a deal and somehow give everybody some visibili
and doug braunstein will address his own resignation forthcoming. a successor has yet to be named. that's what's on on tap for jpmorgan. we' send it back to you in london. >> let's get more from larry mcdonald. all the focus will be on jpmorgan. what do you think the market's expectation is here? >> the financials are dramatically outperforming. so a lot's been baked in the cake and you're right, the net interest margin side as well as the outlook for the fiscal cliff, those are the...
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that's not to say they don't have anyone who's qualified, of course. >> i know doug well. my sense is it became an extraordinarily difficult job, and continues to be one, and that reorganization perhaps that occurred maybe cut off some up side in terms of a particular career path. what's your take on that? i mean how much is london whale and how much is just the overall difficulty of the job and perhaps lack of up side -- >> i think a lot of it is the latter. one thing that's been pointed out to me a few times today is, you take a big pay cut actually if you go from being an investment banker or being a hefd commodities or something like that to becoming cfo. that was i'm sure a factor. at the same time, it is in a massive job. this is a company with a market cap of what? $160 billion? i mean getting earnings together every quarter within two weeks and making sure they're audited and you're ready to sort of articulate the message is a huge job. very fatiguing, i'm sure. obviously this london whale disaster while not doug's business and not his responsibility per se, it mus
that's not to say they don't have anyone who's qualified, of course. >> i know doug well. my sense is it became an extraordinarily difficult job, and continues to be one, and that reorganization perhaps that occurred maybe cut off some up side in terms of a particular career path. what's your take on that? i mean how much is london whale and how much is just the overall difficulty of the job and perhaps lack of up side -- >> i think a lot of it is the latter. one thing that's been...
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doug bronstein, cfo for two years, he came in 2010 is stepping down from the cfo role. he will stay with the bank, one action is to go to investment banking role. previously he had run their investment barvnking practice. lot of people think of him as an m&a guy. he's the latest to be associated with the wales situation. last week we learned about the retirement of barry zubrow, he had gone to a more senior role in recent years, another who had oversight and living and the cio, ina drew, resigned in the immediate aftermath of the $5.8 billion loss. you see a situation where jamie dimon has survived, been apologetic, up front "it was the dumbest thing i was ever associated with" et cetera, et cetera and gently having these people resign or move into different roles. it's almost, and tell me if you agree, a goldman sachs style way of dealing with things. obviously if someone has a huge blunder on their exact job they gotta go. other than that it's a slow and gradual and very civil kind of peeling off. >> he's not throwing people off the plank immediately. i think the bigg
doug bronstein, cfo for two years, he came in 2010 is stepping down from the cfo role. he will stay with the bank, one action is to go to investment banking role. previously he had run their investment barvnking practice. lot of people think of him as an m&a guy. he's the latest to be associated with the wales situation. last week we learned about the retirement of barry zubrow, he had gone to a more senior role in recent years, another who had oversight and living and the cio, ina drew,...
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Oct 13, 2012
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doug and mark, great to see both of you. doug, the romney/ryan plan will reduce rates like 20%. let's forget the lool hope for a moment. see the top rate go down from 35% to 28%. that's certainly not a drop, like jfk did or romney did. can 35 to 28 spark real gdp growth? >> i think we're in a very different world and quite frankly a better world. the feature they have in common, often not appreciated, these are permanent tax reforms, and they have much bigger impacts. it makes sense. a tax cut for a day, you wouldn't do much. and it would change a lot of things, the research supports that notion, an important part of this, a tax reform, permanent change that eliminates the changes. and it reduces complexity. complexity causes people to, a, waste money with tax planning and lawyers and leads to you waste business decisions on the basis of taxes, not business fundamentals and erodes faye faith in the tax system. and the combination of personal nens and getting businesses to focus on the bottom line are very big impetus for growth. >> i understand your point. it's more than just cu
doug and mark, great to see both of you. doug, the romney/ryan plan will reduce rates like 20%. let's forget the lool hope for a moment. see the top rate go down from 35% to 28%. that's certainly not a drop, like jfk did or romney did. can 35 to 28 spark real gdp growth? >> i think we're in a very different world and quite frankly a better world. the feature they have in common, often not appreciated, these are permanent tax reforms, and they have much bigger impacts. it makes sense. a...
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Oct 12, 2012
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doug is right. we need to have tax reform, but we need tax reform that raises enough revenue to lower tax rates and also goes to reducing future budget deficit because if we don't get the deficits down, lower tax rates aren't going help us. >> and doug, do you think it's fair to say, romney ryan have been saying they think a 3% growth is reasonable. do you think it is? because for in of this math to work out and this whole argument everybody's having about whether they can cut taxes and close enough loopholes, they are counting on economic growth on being part of making up that difference. will it? >> you can't say for sure because good tax policy does t matter. t not the only thing going on out there and you would have to have a displn palestinianed, economic policy. we have a serious threat to the economy from existed and projected debt. it is different from the era of reagan in that debt is not being driven by annual decisions made by congress, which are easy to change. if you want to have a succ
doug is right. we need to have tax reform, but we need tax reform that raises enough revenue to lower tax rates and also goes to reducing future budget deficit because if we don't get the deficits down, lower tax rates aren't going help us. >> and doug, do you think it's fair to say, romney ryan have been saying they think a 3% growth is reasonable. do you think it is? because for in of this math to work out and this whole argument everybody's having about whether they can cut taxes and...
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doug, let me start with you. this stood out to me last night that independent voters liked that when he talked about cutting tacks for the middle class. obviously the obama administration takes issue with it and says it isn't true. do you think this could be enough, if mitt romney could make the case for him to win the election? >> i think it's a very important point. remember why he wants to have the tax reform he wants. it's to make sure that the united states grows better than we've seen in the past four years. and what mr. romney is trying to say is, look, we have all these people out of work. we have all these people with jobs whose incomes are not growing. let's lower rates, broaden the base, be respectful of the middle class and the deficit by but have a better tax policy in place. it's good positions for him. the president can't even get the first step right. instead of lowering rates and broadening the base, he is insisting on raising taxes. that's a bit of a tough sell right now. it was the same preside
doug, let me start with you. this stood out to me last night that independent voters liked that when he talked about cutting tacks for the middle class. obviously the obama administration takes issue with it and says it isn't true. do you think this could be enough, if mitt romney could make the case for him to win the election? >> i think it's a very important point. remember why he wants to have the tax reform he wants. it's to make sure that the united states grows better than we've...
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Oct 26, 2012
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doug, of course, good to see you here. "the rolling stones" cover has the president, you say, excessively cautious and perhaps a survival trait because at this time really nobody wants to make any kind of off remark to derail their own campaign. this was really the same kind of criticism that he faced when i covered him back in 2008. why do you think that he is so cautious right now as opposed to getting us a little something different? >> well, you know, it's -- he is very aware of the new media culture where any moment there's -- something is on youtube or an off the cuff remark gets picked up. i think he is cautious about that. i did my interview with him for 45 minutes in the oval office, and i try to get him on things, talking a little more about what went wrong in denver. that was kind of tough to do. when i switched gears and talked about history, about what he thinks about how the look at obama care, does he like the term, what would he call his policies put together, and he calls it the fair shake or thinks that t
doug, of course, good to see you here. "the rolling stones" cover has the president, you say, excessively cautious and perhaps a survival trait because at this time really nobody wants to make any kind of off remark to derail their own campaign. this was really the same kind of criticism that he faced when i covered him back in 2008. why do you think that he is so cautious right now as opposed to getting us a little something different? >> well, you know, it's -- he is very...
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finally this one for you from doug benson. just 14 minutes until we can all go back to preferring the kand date we liked when the debate started. all from twitter. we have a lot more. you know, as far as what happened last night and i promise to hear from the president and it sounds as though he is still debating today. he spoke just a couple hours ago in denver. here he is, president barack obama. >> i met this very spirited fellow who claimed to be mitt romney. but it couldn't have been mitt romney because the real mitt romney has been running around the country for the last year promising $5 trillion in tax cuts that favor the wealthy, the fellow on stage last night said he didn't know anything about that. >> that was the president on last night's debate and, well mitt romney responded for the first time since the pundits and polls named him the winner. you will hear what governor romney said about the president's performance, next. can febreze really remove them? we asked real people what they thought. take a deep breath f
finally this one for you from doug benson. just 14 minutes until we can all go back to preferring the kand date we liked when the debate started. all from twitter. we have a lot more. you know, as far as what happened last night and i promise to hear from the president and it sounds as though he is still debating today. he spoke just a couple hours ago in denver. here he is, president barack obama. >> i met this very spirited fellow who claimed to be mitt romney. but it couldn't have been...
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detroit sends doug fister to the mounz. the giants counter with madison baumgartner. >>> nfl picking up on a new jersey boy's idea for refs to use pink penalty flags as part of breast cancer awareness month. 11-year-old dante wrote commissioner roger goodell who said the flags will be used at this monday's game. dante and his family have been invited to gats imand will present the pink flags to officials. >>> people in brick, new jersey, talking about anthony star go's field goal last night. it marked a victory for a man who faced challenges his whole life. orphaned at 3 and has autism. his foster parents took him to a college football game six years ago and anthony decided he wanted to be a kicker. daily practices and the calming routine with the kicks put anthony in a position to be a hero. good for him. that's a look at sports this morning. >>> the next hour of cnn "newsroom" starts right now. >>> stories we're watching right now, in the "newsroom," the president picking up a key endorsement this morning. former secretar
detroit sends doug fister to the mounz. the giants counter with madison baumgartner. >>> nfl picking up on a new jersey boy's idea for refs to use pink penalty flags as part of breast cancer awareness month. 11-year-old dante wrote commissioner roger goodell who said the flags will be used at this monday's game. dante and his family have been invited to gats imand will present the pink flags to officials. >>> people in brick, new jersey, talking about anthony star go's field...
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moment of candor, the president drove home that theme telling rolling stone magazine and historian doug brinkly he thinks governor romney is a "bser" but he's keeping it clean on the trail. >> he's hoping that you come down with a case of what we call romnesia. >> reporter: and picking up his pace. >> just got to keep on keeping on. until every single person out there who needs to vote is going to go vote. >> reporter: hopscotching from florida to virginia, hometown chicago and ohio. strategies are three. one, turnout the early vote. which their ground operation can move and measure. this new memo from chicago says they think they're winning in firewall, ohio. >> it's up to the young people here to choose the future that you believe in, that you want to see. >> reporter: boost turnout among voting groups already leaning to the president, youth, latinos, union workers. three, woo undecided women including with this new ad. >> and it would be my preference that they reverse row v. wade. >> hopefully reverse row v. wade. >> reporter: and as for that endorsement from general powell, the pre
moment of candor, the president drove home that theme telling rolling stone magazine and historian doug brinkly he thinks governor romney is a "bser" but he's keeping it clean on the trail. >> he's hoping that you come down with a case of what we call romnesia. >> reporter: and picking up his pace. >> just got to keep on keeping on. until every single person out there who needs to vote is going to go vote. >> reporter: hopscotching from florida to virginia,...
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look at doug's proposal. and the spending cuts all happen now. he places sequestration with other spending cuts. even though other analysts say the bank for the buck in terms of the economy for the high-and tax cuts is less than 50 cents on the dollar, and a lot of them are saved. it also would not make economic sense, but my larger point is you must have parallelism and linkage on the tax and spending increases, or we're not going anywhere. >> i think you'd need to be very careful about what kind of expectations. what have you done in the lame- duck? the big difference across the table is not whether we need a big deal, we do. i believe we need a large deal in 2013 for the reasons i said earlier that we are out of time with the rating agencies in particular and international capital markets in general. that big deal will include tax reform and the entitlement reform. republicans will not cut the -- touch the tax code until they're sure they're getting entitlement reforms and democrats have the reverse. we know what the shape of that looks like.
look at doug's proposal. and the spending cuts all happen now. he places sequestration with other spending cuts. even though other analysts say the bank for the buck in terms of the economy for the high-and tax cuts is less than 50 cents on the dollar, and a lot of them are saved. it also would not make economic sense, but my larger point is you must have parallelism and linkage on the tax and spending increases, or we're not going anywhere. >> i think you'd need to be very careful about...
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doug says -- the new york times editorial this morning -- greg on the independent line. thank you for holding. what did you think of the debate? caller: thank you once again for having me on. i seem to be lucky to get on when you are on. i am a 33-year watcher of c- span. i thought without question that gov. romney won the debate last night. i thought the president was listening to a lot of repugnance and also to his adviser -- a lot of the pundits and also to his advisers to not be as a professor tutorial in his responses. mitt romney clearly had the night last night as far as the debate itself. i think they need to go back to the drawing board and allow barack obama to be barack obama. not so much again as have the appearance of the president, which he is. i have heard most of the pundits were saying that the president should not go on the attack and he should look more presidential and not necessarily play the blame game as to what brought us here. congratulations to mr. romney on his performance. host: does that crystallize who you will vote for? caller: i thought mr
doug says -- the new york times editorial this morning -- greg on the independent line. thank you for holding. what did you think of the debate? caller: thank you once again for having me on. i seem to be lucky to get on when you are on. i am a 33-year watcher of c- span. i thought without question that gov. romney won the debate last night. i thought the president was listening to a lot of repugnance and also to his adviser -- a lot of the pundits and also to his advisers to not be as a...
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host: doug from pennsylvania, welcome. caller: at the end of the day, in terms of moving forward, could you please tell me what i'm talking about? tell me what the pundits and politicians are saying, what they mean when they say these things? how many times did paul ryan say, "at the end of the day"? maybe you should take people literally when they say "at the end of the day." "at the end of the day i take off my clothing and go to bed.' could you buy these people a thesaurus? guest: i happened to hate that phrase. newt gingrich always says " frankly this" and "frankly that." 't point.u can poin guest: it is inside the beltway speak. you are thinking about what you're going to say. "i have this point i have to hit." guest: "let me be clear." "make no mistake." presidential poll. president obama, 50%. mitt romney, 47%. how influential is it in the media chamber? guest: the campaigns are obsessing on the polls. the import numbers of the numbers in eight or nine key states. here's my beef about the coverage. we want to know w
host: doug from pennsylvania, welcome. caller: at the end of the day, in terms of moving forward, could you please tell me what i'm talking about? tell me what the pundits and politicians are saying, what they mean when they say these things? how many times did paul ryan say, "at the end of the day"? maybe you should take people literally when they say "at the end of the day." "at the end of the day i take off my clothing and go to bed.' could you buy these people a...
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host: doug is a republican in north carolina. caller: i appreciate you taking my call. if i had been obama i would not have been campaigning. i would've done something for our country. this country will be worse off than ever in the whole world. i don't think we need him no more. he has not beenood from the first day to the last day. i ain't interested in him. i want him out of there because we need mitt romney or someone better. that's all i can say. i mean it from the bottom of my heart, this country is in bad shape. i wish we did have good leadership. i would want to go out with a good name if i was the president. i cannot say what i want to. this country better wake up. i appreciate you taking my call and i love the united states of america, but we need better leadership. we need good people to pray for god to lead us in the right direction. host: we have plano, texas with brian, a democrat. caller: good morning. as far as the vice-presidential selection, i have been known to vote republican in the past. as soon as they chose paul ryan, i said, there's no way. far t
host: doug is a republican in north carolina. caller: i appreciate you taking my call. if i had been obama i would not have been campaigning. i would've done something for our country. this country will be worse off than ever in the whole world. i don't think we need him no more. he has not beenood from the first day to the last day. i ain't interested in him. i want him out of there because we need mitt romney or someone better. that's all i can say. i mean it from the bottom of my heart, this...
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there are lots of other things that we can find in these data when we go back to them, and when doug goes back to them. and we will have more findings over time. >> globalization, that has gone n since the 1990's, the i.t. revolution, that two biggest explain years, but he said the shift in policies between the book clinton and bush eras was also playing a part. could you discuss which policies? >> what we can say is it is interesting -- ok, i was gone to avoid your question by talking about clinton and reagan, which i find interesting, but we will talk about clinton and bush. what we saw in 2000 certainly was -- there were two things. one was obviously a large reduction in taxes, and the second was not so much deregulation as an explicit policy of very light-handed regulation. to me, that actually goes more to the financial crisis as contributing factors in the financial crisis than in what -- to jobs ande t wages. i do not blame bush for what and jobs.to in cocomes i blame him for not try to figure out what was happening, that a lot of us know clip president clinton. if bill clinto
there are lots of other things that we can find in these data when we go back to them, and when doug goes back to them. and we will have more findings over time. >> globalization, that has gone n since the 1990's, the i.t. revolution, that two biggest explain years, but he said the shift in policies between the book clinton and bush eras was also playing a part. could you discuss which policies? >> what we can say is it is interesting -- ok, i was gone to avoid your question by...
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host: doug from oregon, democrat's line. good morning. caller: my question is somehow they misplaced the eight years george bush was in office and seem to disregard everything that happened during that point like it never happened, it all began under the obama administration. and it just astound me how the -- their whole platform is based on george bush's policies and this 12 million job creation, again, smoke and mirror. they use this every time they run. george bush ran under he's going to lower taxes, he's going to create jobs. the tea party said they would create jobs and it seems like the same rhetoric over and over and over again. guest: great question, doug. i'm a republican who has been critical of the bush presidency. we funded things like no child left behind, we created prescription drug programs and didn't pay for them and that wasn't helpful and frankly the american people held the republican party accountable for it and threw them out of office so republicans are focused on creating jobs, growing the economy and we're not fo
host: doug from oregon, democrat's line. good morning. caller: my question is somehow they misplaced the eight years george bush was in office and seem to disregard everything that happened during that point like it never happened, it all began under the obama administration. and it just astound me how the -- their whole platform is based on george bush's policies and this 12 million job creation, again, smoke and mirror. they use this every time they run. george bush ran under he's going to...
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host: good morning, doug. caller: romney seems more enthusiastic about bombing iran under the behest of the israelis. it is a war crime to do that without a united nations security council chapter 7 resolution, and george bush was recently advised not to travel to switzerland because of the laws of universal jurisdiction. i would like to see this question asked at the debate. guest: it would be an interesting question to hear the responses. i would point out that it is not always a violation of international law to invade or attack a country without a chapter 7 resolution. there is the universal right of self-defense. i would remind the caller that if one country invaded at wor -- it's another, that may be illegal, but the country fighting back is not in violation of anything. host: matthew lee, you recently wrote a piece about how the countries are eager to show close ties with israel. do you expect this to be a big topic on monday night? guest: i think that mitt romney will try to expand on this idea that he
host: good morning, doug. caller: romney seems more enthusiastic about bombing iran under the behest of the israelis. it is a war crime to do that without a united nations security council chapter 7 resolution, and george bush was recently advised not to travel to switzerland because of the laws of universal jurisdiction. i would like to see this question asked at the debate. guest: it would be an interesting question to hear the responses. i would point out that it is not always a violation of...
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. >> my name is doug. both of you are expert election watchers of the highest caliber so i was wondering if you can talk about super pacs and the new world of campaign finance. >> i can't wait for the real auts city when all is said and done about this. but as i said a little bit earlier the amount of money that's being spent especially on the republican side has been astro nomcal and the only reason why mitt romney isn't getting outspent by a great margin. at the same time, flooding money into the stms as an outside group is not always particularly helpful. first of all, no matter how smart these groups are -- and believe me, they're a heck of a lot smarter than the outside groups that used to be. they had a cause and they were going to spend a jlion dollars even if it was on some crazy thing. we need more jello-o in schools. that's what we're going to care about. now it's they are strategic, they have their own polling, they have their own media shops. they think they know, ok, here's how we need to move
. >> my name is doug. both of you are expert election watchers of the highest caliber so i was wondering if you can talk about super pacs and the new world of campaign finance. >> i can't wait for the real auts city when all is said and done about this. but as i said a little bit earlier the amount of money that's being spent especially on the republican side has been astro nomcal and the only reason why mitt romney isn't getting outspent by a great margin. at the same time,...
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after that, will go west to nebraska out -- as republican doug fisher challenges bob kerrey. it starts live tonight at 8:00 p.m. eastern. you can listen to both debates on c-span radio or watch online. and later tonight, mitt romney holds a campaign rally in denver. he is scheduled to speak to reporters at the aaron space museum in denver. his comments will be live tonight at 9:15 p.m. eastern on c-span2. >> every generation in our history has worked and sacrificed to leave a better country to our children and grandchildren and future generations. we are spending their money. we are now even much more spending their money and we are leaving them a message that will be very difficult to deal with. and if we are that we, just think of who wants to come here first and take us over. the last thing i ever want to see is to see our country taken over because we are so financially weak because -- so financially weak we cannot do anything. we are on the edge of that class. we have got to start fixing it now, otherwise, we are leading a disaster to our children and grandchildren and w
after that, will go west to nebraska out -- as republican doug fisher challenges bob kerrey. it starts live tonight at 8:00 p.m. eastern. you can listen to both debates on c-span radio or watch online. and later tonight, mitt romney holds a campaign rally in denver. he is scheduled to speak to reporters at the aaron space museum in denver. his comments will be live tonight at 9:15 p.m. eastern on c-span2. >> every generation in our history has worked and sacrificed to leave a better...
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Oct 3, 2012
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host: doug from pennsylvania, welcome. caller: at the end of the day, in terms of moving forward, could you please tell me what i'm talking about? tell me what the pundits and politicians are saying, what they mean when they say these things? how many times did paul ryan say, "at the end of the day"? maybe you should take people literally when they say "at the end of the day." "at the end of the day i take off my clothing and go to bed.' could you buy these people a thesaurus? guest: i happened to hate that phrase. i would support a law to banish it from the airwaves. newt gingrich always says "frankly this" and "frankly that." guest: you can't point. guest: it is inside-the-beltway speak. you are thinking about what you're going to say. "i have this point i have to hit." guest: "let me be clear." "make no mistake." host: let's look at the latest presidential poll. president obama, 50%. mitt romney, 47%. how influential is it in the media chamber? guest: the campaigns are obsessing on the polls. the import numbers of the n
host: doug from pennsylvania, welcome. caller: at the end of the day, in terms of moving forward, could you please tell me what i'm talking about? tell me what the pundits and politicians are saying, what they mean when they say these things? how many times did paul ryan say, "at the end of the day"? maybe you should take people literally when they say "at the end of the day." "at the end of the day i take off my clothing and go to bed.' could you buy these people a...
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Oct 28, 2012
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[applause] >> thank you, doug, thinks everybody. i told my best friend that's here tonight that i was nervous about this. i've been doing all sorts of things and not getting nervous, and i told trevor -- i tweet a lot -- and someone reminded me that yesterday was the 80th anniversary of fdr most important speech at that point in his life in 1932. he was running for the presidency and he came out and sent a big defining difference between him and herbert hoover was that he was really going to use dhaka government to help people and get us out of the great depression. so, no pressure there. [laughter] i was nervous before, but then hearing that, whatever. that's a piece of cake. >> i get a lot of laughter. every time the title was mentioned, people chuckled, and chris matthews said today and he chuckled and said that is just a funny title even though he said it like nine times it's funny every time. that's okay. and i realized that there are three actual meanings to the title, and i am only getting to talk about one for the most part.
[applause] >> thank you, doug, thinks everybody. i told my best friend that's here tonight that i was nervous about this. i've been doing all sorts of things and not getting nervous, and i told trevor -- i tweet a lot -- and someone reminded me that yesterday was the 80th anniversary of fdr most important speech at that point in his life in 1932. he was running for the presidency and he came out and sent a big defining difference between him and herbert hoover was that he was really going...
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Oct 16, 2012
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doug holtz-eakin of the american action for them. with that i think we will just take a second to get everyone here miced. >> [inaudible conversations] >> well, thank you for joining us. we have a lot of things to talk about. a lot of things came up in the last panel. we talked the last panel a lot about 2013 and what's going to happen, but i want to go back to the end of the year. you know, what do you both feel like is likely to happen then, and what are some areas you can see a compromise happening? do you want to start? >> sure. i think it's important to recognize there really are three different issues involved, and the first is literally the fiscal cliff, the end of the year tax increases on spending cuts the will happen on autopilot which i view as a threat to the economy. we have a very weak economy that's moving sideways at the moment at best, and that issue is going to face in the lame-duck. there's also the debt limit. my own view is you should keep the debt limit as far away from the fiscal cliff as you can. there is noth
doug holtz-eakin of the american action for them. with that i think we will just take a second to get everyone here miced. >> [inaudible conversations] >> well, thank you for joining us. we have a lot of things to talk about. a lot of things came up in the last panel. we talked the last panel a lot about 2013 and what's going to happen, but i want to go back to the end of the year. you know, what do you both feel like is likely to happen then, and what are some areas you can see a...
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Oct 17, 2012
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>> doug, you want to start? >> sure. i think it's important to recognize that really three different issues involved, and the first is the literally the fiscal cliff. the end of the tax increases and spending cuts that will happen on auto pilot. which i view as a tremendous threat to the economy. it's a recipe for recession. we have a weak economy that is moving side ways a the moment at best. and that's the issue we're going to face in the lame duck. that's the debt limit. it's going to be a february, administer issue. my own view you should keep it as far away from the fiscal cliff you can. there's nothing good that comes of intermixing the two. the third, the deal. which is we have to have a deal for the fundamental tax reforms and entitlement reforms so we have a debt burden sustainable for the future and -- we don't have that. so the lame duke, just focus on those. you shouldn't intermix the debt ceiling and pretended you're going get a deal. i think that's a mistake. and the whole job of the fiscal cliff to spring
>> doug, you want to start? >> sure. i think it's important to recognize that really three different issues involved, and the first is the literally the fiscal cliff. the end of the tax increases and spending cuts that will happen on auto pilot. which i view as a tremendous threat to the economy. it's a recipe for recession. we have a weak economy that is moving side ways a the moment at best. and that's the issue we're going to face in the lame duck. that's the debt limit. it's...
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Oct 20, 2012
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. >> host: good morning, doug. >> guest: >> caller: good morning. romney seems more enthusiastic about amin the hands of the israelis. it is a war crime under geneva to attack another country without united nations vote in a chapter seven resolution. faq reminds you george bush is not adverse to travel to switzerland because i the universal jurisdiction. or we just like to see this question gets asked when the united states. i thought, bye. just to be an interesting question to hear the response. i would point out that it's not always a violation of international law to avoid or attack a country with a chapter seven resolution. there is a universal way of self-defense. so i remind the caller that if one country invades another, while that may be of the call, the country that has -- that is fighting back event in violation of anything. >> host: matthew labors labored apiece. what matters israel, looking how both candidates are eager to show their loyalty and close ties with israel. how is that plain out and do expect that to be a big topic play now?
. >> host: good morning, doug. >> guest: >> caller: good morning. romney seems more enthusiastic about amin the hands of the israelis. it is a war crime under geneva to attack another country without united nations vote in a chapter seven resolution. faq reminds you george bush is not adverse to travel to switzerland because i the universal jurisdiction. or we just like to see this question gets asked when the united states. i thought, bye. just to be an interesting question...
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Oct 24, 2012
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. >> mayor, i'm state representative doug miller from texas. thank you for your compliment. i appreciate that. [laughter] we have been working hard and we continue to and that's one of the reason i'm here today. i think another issue that you didn't address but i'd like to hear your comments on is that this election also is two different directions on whether we're going to allow -- i know i have several of my colleagues that from other states that are state legislators here but the direction of where we're going to allow a states to have their rights versus a stronger centralized federally government which we see all over the world does not work. in a number of cases, i'd like to hear your comment on state right v versus federal right. >> i think you're right. if president obama is elected there's more concentration of power in washington. obamacare is a massive concentration of power in washington. all of the new regulations, dodd-frank, dodd-frank has to be one of the great ironies that it's named dodd-frank since it's named for the two people who probably did the most to
. >> mayor, i'm state representative doug miller from texas. thank you for your compliment. i appreciate that. [laughter] we have been working hard and we continue to and that's one of the reason i'm here today. i think another issue that you didn't address but i'd like to hear your comments on is that this election also is two different directions on whether we're going to allow -- i know i have several of my colleagues that from other states that are state legislators here but the...
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Oct 25, 2012
10/12
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. >> mayor, a state representative doug miller from texas, sir thank you for your compliments. i appreciate that. we have been working hard and that's one of the reasons i'm here today. i think another issue that you didn't address, but i think to hear your comments on this at this election also is two different directions on whether we're going to allow, and i know several of my colleagues from other states, state legislators here. but the direction of whether we're going to allow states to have their right versus a stronger centralized federal government, which we see all over the world has not worked in a number of occasions. at that your comments on state rights versus federal rights. >> i think you're absolutely right. if president obama is reelected, they will be more concentration of power in washington. i mean, obama carries a massive concentration of power in washington. all of the new regulations, dodd-frank. doc frank has to be one of the great ironies that is famed dodd-frank. since his name for the two people who do most to create the financial crisis in the first
. >> mayor, a state representative doug miller from texas, sir thank you for your compliments. i appreciate that. we have been working hard and that's one of the reasons i'm here today. i think another issue that you didn't address, but i think to hear your comments on this at this election also is two different directions on whether we're going to allow, and i know several of my colleagues from other states, state legislators here. but the direction of whether we're going to allow states...
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Oct 28, 2012
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were basically the serbs said wait a minute, are your meetings constantly infiltrated by mubarak's doug's? are they on the street corner right before you get there? the egyptian said yes, yes. that's because you run your movement like the democratic uprising. it's actually a nonviolent guerrilla movement. he said military. to succeed in predator regime come you have to approach it almost like a military operation, just about guns. i should say the bred away, right there in the name has to be nonviolent. it's not because they're pacifists. this is a numbers game here between 1,902,005, does uprisings that were violent, 60 to 25% of the time, nonviolent uprising, 60 to make 75% of the time. >> you have what could be seen as the misfortune or great fortune of having your book come out when the story you're writing about was very much in a fluid situation unfolding at the time. it's a good situation for the book because it brought attention. on the other hand come a step to keep track of a moving target. a lot has been happening since you finish the book. you wrote in the book today, egypt ex
were basically the serbs said wait a minute, are your meetings constantly infiltrated by mubarak's doug's? are they on the street corner right before you get there? the egyptian said yes, yes. that's because you run your movement like the democratic uprising. it's actually a nonviolent guerrilla movement. he said military. to succeed in predator regime come you have to approach it almost like a military operation, just about guns. i should say the bred away, right there in the name has to be...
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Oct 27, 2012
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doug is a graduate of the ohio state university and georgetown university and to the eternal glee of those of us who live there, a resident of austin, texas. [applause] even if he didn't have to travel far from home to be with us, please join me in welcoming the great douglas brinkley. [applause] the question is, given everything that's going on in the world, the evolution and revolution in the media, which we consider to be our business, why cronkite now? well, the part of the reason that i decided to write on him was because of the collection here at the briscoe center at the university of texas at austin. i believe he did a book on conversations of cronkite. but this is the grand central station of cronkite studies at ug. as a resident here in austin, texas with three kids. i thought what a great place to do research because i can just drive down the road. that was one reason. a more substantive reason is i am the historian for cbs news right now. so i'm constantly -- i was just in new york today to working with charlie rose on the morning news story. so i understand the culture o
doug is a graduate of the ohio state university and georgetown university and to the eternal glee of those of us who live there, a resident of austin, texas. [applause] even if he didn't have to travel far from home to be with us, please join me in welcoming the great douglas brinkley. [applause] the question is, given everything that's going on in the world, the evolution and revolution in the media, which we consider to be our business, why cronkite now? well, the part of the reason that i...
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Oct 5, 2012
10/12
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doug this is what bothers me. he did not lay the foundation for this anywhere along the past three and a half years. it is easy for mitt rom -- romney to mock it. >> the thing about the $90 billion, the president should have pushed back on that. many of the green energy funds that were made -- that were allocated through the recovery act were very successful and that's been a very successful program. there is a great book out there called the new new deal that looks at the recovery act. i wish the president had pushed back harder there. what he hasn't done and what democrats haven't done successfully over the last four years is tie together the importance of doing healthcare reform with the recovery act. why is that helping middle class families and what that has allowed the republicans to do is to throw it in this gumbo pot of big government and define it on their terms and i think the president has recently, in the last couple of months gotten out and done a more -- has done a better job of making the case as to
doug this is what bothers me. he did not lay the foundation for this anywhere along the past three and a half years. it is easy for mitt rom -- romney to mock it. >> the thing about the $90 billion, the president should have pushed back on that. many of the green energy funds that were made -- that were allocated through the recovery act were very successful and that's been a very successful program. there is a great book out there called the new new deal that looks at the recovery act. i...
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we will talk to economist doug holtz-eakin about what people are calling the real jobless rate. that's at the top of the hour. american airlines, labor disputes, loose seats, delays, cancellations, would you fly american? with pr like this, can american stay in business? we will ask seth kaplin from airline weekly. and earning season kicks off tomorrow. alcoa traditionally the first out of the box, but some analysts are expecting this to be the worst profit performer since 2009. we'll talk to keith fitz-gerald about that. the dow is down 48. send your e-mails right now varney@foxbusiness.com. seven early movers this monday morning, disappointing forecast from the optics company, oclaro. and the company sell don sees higher profits. and the retailer, wet seal losing merchandising ahead to competitor true religion. up a penny. and the flying pigs people, zynga cut their outlook on friday, where is it now? drop last week, down a fraction at 2.46. that means its ipo is down 8% from the ipo price. and facebook gets more than 10% of money from fees paid by zynga and facebook is at $20
we will talk to economist doug holtz-eakin about what people are calling the real jobless rate. that's at the top of the hour. american airlines, labor disputes, loose seats, delays, cancellations, would you fly american? with pr like this, can american stay in business? we will ask seth kaplin from airline weekly. and earning season kicks off tomorrow. alcoa traditionally the first out of the box, but some analysts are expecting this to be the worst profit performer since 2009. we'll talk to...
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former clinton adviser doug shown. probably by popular demand. nicole petallides on the floor of the new york stock exchange. what is this ipo, the new company that helps protect you from identity theft? >> reporter: that's right. fraud protection. life clock is the name of the company. the ipo yesterday. the price $9. that was the low range and opened up to the downside. down over 3%. coming off of the lows. the lowest point was a dollars and $0.36. with the name of the company to mecca think everyone knows the of the company. this but some much money on marketing. stuart: okay. a number that just came in. we thought it would move the market, but it's not a particularly big movement. it's an indication of the service sector of the economy. the reading was 55. it is up from the 53 reading the month before. no impact on the market at all. we were down ten when the number came in. down eight as of now, so this is a non impact number. june 2007, then candidate obama addressed a mostly black audience of ministers in the aftermath of katrina. here's w
former clinton adviser doug shown. probably by popular demand. nicole petallides on the floor of the new york stock exchange. what is this ipo, the new company that helps protect you from identity theft? >> reporter: that's right. fraud protection. life clock is the name of the company. the ipo yesterday. the price $9. that was the low range and opened up to the downside. down over 3%. coming off of the lows. the lowest point was a dollars and $0.36. with the name of the company to mecca...
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Oct 12, 2012
10/12
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top strategists, doug schoen and nicole nikpour are coming up. lori: jeff flock is live for us in the cme next. meantime here is a look at oil as it is trading right now, down 51 cents, 91.99. lori: work is getting in the way. nice to catch up. nice to do that. ashley: yeah. lori: great to be with you this hour. ashley: thank you. lori: tracy is on vacation. it has been a wild week for the commodities markets especially energy sector. oil on track for the first weekly gain in four as tensions in the middle east offset concerns about global demands. jeff flock in the cme to sum it all up for us. hey, jeff. >> i will get to that, lori. but first, it is friday over here. maybe you see that on the screen over there. you know, i tell you, you think the fox business network sometimes is not prominent over here, but there you go. some young lady in the eyes of traders over here. i don't know what that means in terms of energy markets, but perhaps we find that out from scott shellady, if my lori can find me over there. craziness amongst the traders. it i
top strategists, doug schoen and nicole nikpour are coming up. lori: jeff flock is live for us in the cme next. meantime here is a look at oil as it is trading right now, down 51 cents, 91.99. lori: work is getting in the way. nice to catch up. nice to do that. ashley: yeah. lori: great to be with you this hour. ashley: thank you. lori: tracy is on vacation. it has been a wild week for the commodities markets especially energy sector. oil on track for the first weekly gain in four as tensions...
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Oct 15, 2012
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douglas holtz-eakin is joining us what's the political impact do you think doug of this right before the election? you know, big voting block and not getting a very big increase in their check monthly, or is there an impact? >> well, the seniors have regularly come to expect an increase in their social security benefit. you step back and ask yourself why that would happen, it is because it's indexed to inflation, the fact we have very low inflation leads to very low increases in social security benefits, but to the extent that they look at that check or the check they will likely get in january and they are dissatisfied, they are likely to point to the incumbent and say gee this isn't any good, let's try the next guy. connell: not to get sidetracked a little bit, but you mentioned there no inflation and that's why we don't see the increase, i was thinking the conversation dagen had with peter schiff and that was about how voters do see inflation as a big concern. dagen was speculating that's probably mostly because of gas prices. it is kind of funny to see the two, the biggest concer
douglas holtz-eakin is joining us what's the political impact do you think doug of this right before the election? you know, big voting block and not getting a very big increase in their check monthly, or is there an impact? >> well, the seniors have regularly come to expect an increase in their social security benefit. you step back and ask yourself why that would happen, it is because it's indexed to inflation, the fact we have very low inflation leads to very low increases in social...
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Oct 9, 2012
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. >> doug kelly is live with more. >> good morning. focus turned to foreign policy with governor romney delivering a major address at the virginia military institute offering his severest critique yet of the president leading from behind. >> hope is not a we can't support our friends in the milled east when our words are not backed up by these but spending is cut we have no trade agenda to speak of and it is not one of partnership but of pass civet. >>> speaking in san francisco yesterday president obama touted his decision to pull u.s. troops out of iraq and to pull them out of afghanistan by 2014. >>> governor romney has a different view. he sain a speech today he doubl down on that belief. said ending the war was a mistake. i disagree. bringing our troops home was the right thing to do. every brave american who wears the uniform of this country should know as long as i am commander-in-chief we will sustain the strongest military the world has ever known. >> romney said the root to moral war and potential attacks here at home is a po
. >> doug kelly is live with more. >> good morning. focus turned to foreign policy with governor romney delivering a major address at the virginia military institute offering his severest critique yet of the president leading from behind. >> hope is not a we can't support our friends in the milled east when our words are not backed up by these but spending is cut we have no trade agenda to speak of and it is not one of partnership but of pass civet. >>> speaking in...